Charming modern style post and beam home situated on a fantastic 50 x 131.1 lot in Dunbar Heights. Excellent location, walk along the tree lined street to shopping, library, restaurants and cafes. Quiet split level home boasts a beautifulpartial water view to the south, vaulted ceilings, oversized windows, a sunny south exposed kitchen and an open living and dining area with hardwood floors. Upstairs you will find 3 bedrooms and 2 bathrooms and downstairs has a 1 bedroom garden level suite with access to a fully fenced south facing yard and partial water view to the south. Excellent family oriented neighborhood. Catchments: Kitchener Elementary and Lord Byng Secondary.

The exquisitely finished and quiet home is a must see, do not let the address fool you. Like new this home was totally rebuilt from the studs out. Features 9' ceilings w/crown mouldings, top nail oak floors, beautiful open kitchen w/granitecounters, stainless appliances, wood cabinets, gas stove & eating bar. Large open liv/din areas plus a family room off the kitchen. 3 bdrms, 2 baths plus a beautiful 2 bdrm mortgage helper that is used as a furnished rental. 44'x125' fully fenced large lot, west facing backyard w/large deck getting lots of aft/eve sun. Fully rewired, 150 amp panel, new plumbing, 3 parking & shed, this home has it all. Schools are Trafalgar Elem and Prince of Wales Sec. Open House Sun May 5th 2 - 4PM.

An easy walk from the heart of Main St, this wonderful 1908 character home has been lovingly renovated to create the perfect balance between contemporary style and maintaining the original charm of the home. With over 9 foot ceilings, thespacious living room and formal dining room feature original fir floors, stained glass and bay windows. There are 2 bedrooms up + den / bed on the main. The bright modern kitchen features skylights. Bosch and Kitchen Aid stainless steel appliances, gas stove, and lots of storage. Beautiful French doors open onto a sun drenched, South facing deck, leading to a fully fenced private backyard.Truly an oasis in the city. Brand new roof & updated plumbing and electrical. Open Sun March 24, 2-4pm.

Enjoy gracious living in this bright & elegant Shaughnessy home. Featuring a classic cross hallway floor plan, this home has been renovated to be a beautiful blend of modern and traditional. The heart of this home is a fully renovated openkitchen and family room. Granite countertops, Fisher Paykel appliances and large centre island, opening through French doors onto a large sundeck and beautifully landscaped yard. This home is perfect for entertaining, from an informal garden party to a formal dinner in the spacious traditional living and dining room. Massive master suite with fireplace and built-in office. 2 car garage plus carport. 1 block from Vancouver College, Osler Elementary & Hamber Sec. Open House Sat March 2, 2-4pm.

This bright south facing unit at XL Lofts is quite unique with floor to ceiling windows. Open kitchen and living room with a cozy fireplace and a large balcony for entertaining. Walk up the spiral staircase to a large loft style masterbedroom with ensuite and walk in closet/storage. This central location couldn't get any better. Across the street from shopping, restaurants and the Canada Line is a 1/2 block away. Walk score of 87. Open Sat Apr 13, 2-4pm.

Spring delivers greater balance to Greater Vancouver housing market

A closer relationship between home buyer demand and the supply of homes for sale has been having a stabilizing impact on home prices in the Greater Vancouver housing market over the last three months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,627 on the Multiple Listing Service® (MLS®) in April 2013. This represents a 6.1 per cent decrease compared to the 2,799 sales recorded in April 2012, and an 11.9 per cent increase compared to the 2,347 sales in March 2013.

Last month’s sales equate to the lowest April total in the region since 2001 and 20.9 per cent below the 10-year sales average for the month.

“While the number of home sales remains below average, properties that are priced right are selling and we’re seeing greater balance between buyer demand and the number of homes listed for sale. This is having a steadying influence on home prices in the region,” says Sandra Wyant, REBGV president.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,876 in April. This represents a three per cent decline compared to the 6,056 new listings reported in April 2012 and a 21.4 per cent increase from the 4,839 new listings in March of this year. Last month’s new listing count was 0.4 per cent above the region’s 10-year new listing average for the month.

The total number of properties listed for sale on the MLS® in Greater Vancouver is 16,730, a 1.2 per cent increase compared to April 2012 and an 8.2 per cent increase compared to March 2013.

The sales-to-active-listings ratio currently sits at 15.7 per cent in Greater Vancouver. This is the second consecutive month that this ratio has been above 15 per cent. Previous to this, May 2012 was the last time this ratio was above 15 per cent.

“There have been modest increases in home prices across the region over the last three months. This comes on the heels of home price declines of approximately five to six per cent in Greater Vancouver during the last half of 2012,” Wyant said.

The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $597,300. This represents a decline of 3.9 per cent compared to this time last year and an increase of 1.6 per cent compared to January 2013.

Sales of detached properties reached 1,064 in April 2013, a decrease of 5.5 per cent from the 1,126 detached sales recorded in April 2012, and a 24.1 per cent decrease from the 1,402 units sold in April 2011. The benchmark price for detached properties decreased 5.2 per cent from April 2012 to $914,000. Since January the benchmark price of a detached home has increased 1.4 per cent.

Sales of apartment properties reached 1,052 in April 2013, a decline of 11.6 per cent compared to the 1,190 sales in April 2012, and a decrease of 12.4 per cent compared to the 1,201 sales in April 2011. The benchmark price of an apartment property decreased 2.6 per cent from April 2012 to $365,900. Since January the benchmark price of an apartment home has increased 2.1 per cent.

Attached property sales in April 2013 totalled 511, an increase of 5.8 per cent compared to the 483 sales in April 2012, and a 17.8 per cent decrease from the 622 attached properties sold in April 2011. The benchmark price of an attached unit decreased 3.5 per cent between April 2012 and 2013 to $455,200. Since January the benchmark price of an attached home has increased 1.2 per cent.